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Fancamp Exploration Announces Grant of Stock Options
Globenewswireยท2025-08-28 12:00

Core Points - Fancamp Exploration Ltd. has granted stock options to its directors and officers, allowing for the purchase of 500,000 common shares at an exercise price of $0.11 per share, with options vesting immediately and expiring on August 26, 2030 [1][2] Company Overview - Fancamp is a Canadian mineral exploration company focused on medium-term growth and monetization opportunities, with strategic interests in high-potential mineral projects, including copper, gold, zinc, titanium, chromium, and rare-earth metals [3] - The company holds a 96% interest in Magpie Mines Inc., which owns the Magpie property, recognized as one of the largest undeveloped hard rock titanium deposits globally [3] - Fancamp has investments in various operations, including an iron ore operation in the Quebec-Labrador Trough, a rare earth elements company, and a near-term cash flow generating zinc mine in Nova Scotia [3] - The company is also developing energy reduction and titanium waste recycling technology as part of its advanced titanium extraction strategy [3]